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Suppose That When the Price of Pineapples Goes from $5

Question 139

Multiple Choice

Suppose that when the price of pineapples goes from $5 to $3 per pineapple,production decreases from 3,500 pineapples per year to 2,000 pineapples.Using the mid-point method,the percentage change in price would be:


A) 0.50.
B) 50 percent.
C) 0.54.
D) 54 percent.

Correct Answer:

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